Hey everyone!
Haven't been able to post much lately due to some personal issues and busy with a project that I'm working on for the Steem blockchain. It also has been quite a trading opportunity with the recent swings in Steem price, my sleep already hates me for it.
It feels like yesterday when the price was around 10 cents each for Steem and I was as confident as now that in due time it will turn around. I expected it to do well this year but I'm sure that the recent ridiculous uptrend has caught many by surprise and not just me.
I always knew that blockchain and specifically steem has been underappreciated and overlooked by many, even Steemians themselves. People like to often focus on the negative aspects and let it affect their investment decisions, but to this day Steem is still one of the most advanced and strong blockchains out there and has one of the best usecases and chances at mass adoption than most. The prices are reflecting to that now in my opinion and the upcoming new additions to Steem like SMT's and communities.
Can't wait to see what more this year will bring us, it started out with a real bang. :)
What are your thoughts on the current price, Steemians?
Hello, do you have any relationship with the tool asksteem? As you the wording are similar. As I have some opinion on the tool.
I cant say I dont enjoy it, but there will probably be a correction simply because its gone up too fast too quickly. People are probably powering down waiting for next week to cash some out. Just my opinion though. I also think the steem increase might be from people taking steem dollars and converting them back into more steem because the ratios have seem to gone down a bit.
Excellent point. I’m sure they’ll be people who will be cashing out. Is my opinion, but I believe Hodl is the way to go with Steem. Best wishes.
Yeah im powering down just a tiny bit just in case I think I can sell and make more later, but not selling it permanently just leaving it in steem so I can power myself up any time I want.
When you power down, do you get to choose how much SP to power down, or does it slowly just start doing all of it until you stop it?
Concerning the rise in steem, i think its going to contimue like this for a week or more but it may come back to normal when no one expect it..... Its rising every hour because i do the follow up. We just have to be careful about everything!!!
I agree, @splendorhub. HODL.
I agree. It seems to me that the high Steem price makes more sense than a high SBD price does
At first, I thought it was due to all the people who received a STEEM gift card for Christmas by steemgifts.com are now telling all of their friends and family about the awesome gift they got, who now buy STEEM themselves and tell their family and friends etc.
But clearly, it is thanks to the fact that when I added a link to my steemit blog in my description on the dating Apps that I am on. All the girls that have seen me there now obviously want to get noticed and so they are buying STEEM to make it more likely that I will notice their upvotes. But then again, the other girls also want to be on top and don't want the others to get ahead, so then they need to buy STEEM to, and so the cycle goes.
So there you go.
pretty frustrating really. How the hell am I going to buy more Steem now? I bought 100 today and paid 700 dollars for it!! Geez.
I was thinking the same thing myself. It must be difficult for new users to gain SP. However, there is a delegation market through MinnowBooster that you can use to power up your account. Check it out, might be of use to you.
It's okay, I will manage.
I can sell 50 steem .. if you want @sreepyeldarb @tarazkp
:D
Haha exactly how I feel😁!! Sbd is growing in my account and I want to power up, but not at these rates Lol! Wait for the dip ;)
HOLY COW!! I guess that is the downside of this upward steem tear... lol geez is right
I feel yah good sir. So, so much. Between a post dated check and then an agonizingly long time waiting on the coin itself to clear, I’ve put myself in a fomo vortex of hourly price checks. Sitting with fiat in hand at $2.40 and waching it go up 50% per day after becoming completely enamored with the site for a month has proven to be insanely torturous.
That being said ... I’m making my #introducemyself and trial dtube post tomorrow, I’m completely proud of it and I can say with absolute certainty I would never have done the hours and hours of legwork making a multicam synth and live drum video without the push to get on steem before the train left the station. Here’s hoping there’s at least one late train left at the platform. :)
Poor taraz :(
I feel like a kid in a candy store so captivated by steems performance!
Next week is going to be a drop in price for Steem due to its rise so quick. I bet many people are amazed at what has happened!
Hopefully this year will bring higher highs!
Here is how I feel ;)
haha
I lOVE IT! HAHAHAHAHAHA! PERFECT POST OF HOW I'M FEELING! :)
The price increase is exciting. Really caught me off guard because I thought we’d see an increase with the launching of SMTs. Great to see you back posting 😀
It is very, very difficult to estimate a "fair" price for STEEM in the short term, mid term or the long term. Out of the existing features, the fact that Steem incorporates a very robust payment system into social media is a crucial value proposition. Imagine 70% of everyone you know using Steem, including most businesses in your local area. Your need for banking would be drastically reduced.
Hello @acidyo
Thank you for this post that bring me to look more closely into numbers :)
If we look closely the activity on steemit, active members, posts and comments,as well have never been higher like now, so all is related and I can't see anything that actually could stop that, they will be not only one correction but many in the future.
I believe that the growth for the long run will keep up, the story will repeat it self and peoples selling now will regret later.
Since I joined it's the first post I read from you, It will not be the last.
@tradewolf
Now i'm so happy looking the prices of steem and sbd some months ago i was sad of see how some shitcoins got new highs and steem continue with a low price, but i do not despair and i kept blogging until now where i see our coins taking an excellent price. Regards
I have to say I’m enjoying this ride and being part of the $8+ level but it has shot up too quick. I’m worried the correction will be quicker. Of course I’m hoping it all to stay. And don’t forget sbd ..:. Hope we see the $16+ prices again soon!
if it acts like bitcoin did, it should go up quite a bit and then correct, but the correction bottom kept going up so it will slowly ratchet itself to a pretty good level, then a big correction when the profit taking comes into play, but i think it will continually reach higher highs, it a waiting game , just imaging all of those people that sold bitcoin when it hit 1000.00 a coin, they got scared and dumped and cost themselves a lot of money.
Corrections are healthy. :)
Obviously I'm sure none of us can say it's a bad thing, I mean who wouldn't enjoy seeing the gains we've all seen here? There's no way it'll stay where it is at this rate though, we'll see the price correcting itself soon. I'm hoping when it does happen that it stays at around $3-4 at least and doesn't regress too much.
For now, I'm going to enjoy my increased voting power and being able to reward peoples content with more than I previously could. Not going to try and power down or anything, as I plan on staying 100 percent powered up for as long as I possibly can. My goal for now is to hit 2k Steem power within the next 6-7 months, so even if the price does settle at $3-4 I can still do a bit more curating and not feel like such a small guy on here :P
The people that sold before? :D
Well, I was more or so talking about the actual community on here who aren't sell outs. Not my fault that those people lost faith and sold out :P I mean, I cashed out a bit to buy my fiancee that ring and while I'm bummed I missed out on having some extra voting power/value to my account, I'm not gonna be an asshole about it and whine or bitch. I've seen some people being downers about the price of Steem lately, and it is a bit annoying.
Yep those people have been pretty annoying, didn't matter how often you tried to tell them that things will change.
Why don't we try to fund an LSD/Mind control drug with the power of Steem? We can use it to brainwash the non believers into devoting themselves to Steemit/ Steem from now on.
That's a sane, and normal idea, right?
lol why you always gotta make it weird xD
Because I'm a weirdo? Come on, you should know that by now. You've known me, for like, 7 or 8 months I think now. It should be obvious from the way I talk, and the goofy shit I edit into my gameplay clips :D
I think it's a amazing thing @acidyo, I'm still clueless on crypto though.
┐(￣～￣)┌ By the way, I made you an animation not too long ago, I don't want you to miss it. Also how is your gif so high quality?
I haven't noticed really. I have an older steem account but recently logged in for the first time in maybe a year (lol).
I've noticed that my account value has like, quintupled, which is cool.
Maybe this is motivation enough to start creating cool content? :)
Wishing everyone the best, in any event... Have an awesome 2018!
With steem and sbd being my first punts on cryptocurrency (though I feel like I've arrived a bit late to the party, it's better late than never) I'm quite excited and optimistic about the year due to the rocket sized rises I've seen for the one week I've been around.
Happy year ahead indeed.
I loved the move above $8 and have no problem with the dip back below $6.
As exciting as this has been, wake me up when we break through triple digits for the first time. You ain’t seen nuthin yet.
Im happy I got some Steem when I started out. I think we have alot left to give. If you look at Facebook marketcap its 530B$. Hopefully we can get 5-10% of that on Steem :)
what price do you see steem realistically hitting? $20? $50? $100?
I feel since powering down slows down the selling pressure that its not impossible to see the price continue to rise as more and more people start using steemit...we still do not have any major celebrity or social media start hop onto steemit yet so sky is the limit
I really hope that it stays like this and goes up. I see so much potential in Steemit and have the goal to make a social project - a foundation. It will need 15K to establish it in a legal way and with the current steem price it just would need around sixty 50$ votes to acchieve the first goal of the project. Thats amazing!!
The Vice coin association has to be a factor they are going to give all ICO participants an 'airdrop' of coins, to get them you have to have steem. Expect steem to keep rising and then some pullback as they unload those free coins and with it the steem.
I think most of us don't have anything against the price action we see these days. Personally I am mostly interested to what extend future development of SMT on Steem has been priced in by now. All the action might as well have been about joining the hype of the whole crypto world. I guess we'll see in the next few months ;-)
It's fixing to be an eventful year for Steemit… finally
╰། ◉ ◯ ◉ །╯
@shayne
Hopefully, steem will become very popular like other popular cryptos like bitcion and its price keeps increasing
This is a good start of the year for the steemit community! I hope that it stays.
I am Quit Positive About the Prices in Future. I wish Till Jan 2019 100$/Steem. And we will be in the top 10 In alexa Ranking
Was chillin' out on SteemSpeak and we decided to start a new campaign promoting STEEM...
We're just gettin' started! :D
STEEM - March to $100 📈 [ Promoting the Steem Blockchain ]
#marchto100 - If we work together we'll be there in no time...
when things go up very quicky are down with more pace..
Steem has been undervalued and it is about time we go much higher. Steemit solves real world problems and it is best blockchain. There is potential of unlimited demand.
Thank you dear @acidyo, you made my day when I saw the rewards in my wallet. I love the rapid increase and I hope it doesn't fall. Nice writeups.
It could even break $10 and $11 for more gains toward $15 in the near term.
I think that is quite generous. I believe that there will be a substantial correction in price. Still a good investment and an even better community!
The current price into surprising to me because I already knew that the price of steem would go up at the start of this year but what I don't knw is how much correction would accompany this particular spike or won't there any correction?
ya no deberia existir la palabra sorpresa para en cuanto la volatilidad de los precios de las criptomonedas ya deberíamos estar acostumbrados y mas bien aprovechar nuestro conocimientos para beneficiarnos mejor... todo dice que las criptomonedas seguiran y seguiran creciendo y en realidad ni me imagino cuando tocaran techo...
About time yo!
I think we are on a trip to the $20 mark till spring. And I like it)
Massive increase didn't expect it.
I am not buying any at this price but sure glad for the steempower i have now
I guess as the idea catches on and more contributors shift from other blogging sites like medium ect to steemit it will keep on going up over time even if there are a few small dips.
As the price increases, hopefully get something better than steemit. Because people do many hardwork at steemit. If the currency rate does not increase then there is no profit by hardwork. So if the currency rate increases, we can expect something better than steemit. And if the currency rate is low, we have nothing to do except frustration.😞
Steem Dollars (SBD) $10.17 USD (8.11%) What is not to love about this!
hey @acidyo great insight as usual. I do think the price action is a little parabolic in the short term, plus isnt it better for all of us for lower steem value as we build our profiles here?
i think its nothing less than we are going beyond the moon on to mars , may the best crypto win.
I think that the price shot up also because of the slow down of BTC. Users that have BTC want to put it somewhere to make more money. Why not undervalued Steem??
i think a lot of it has to do with affordability, there are probably more people with a couple of hundred bucks to throw at it then 15 or 16 thousand a coin.
Yea that is a factor also
I think it is a gift from God.
Hi.. Saw your curation trail on Streemian and i wanted to know if its beneficiary to join.
Dear @acidyo I'm so over the moon!!! I remember my vision board that I've made last week!
not only yours but also my sleep already hates me for it...have a nice day...
Trend seems to say that we haven't see nothing yet... $20 before the end of the month is a possible scenario.. Happy new year @acidyo
What a year! Steem rising like it got yeast.
The gif image at the bottom of your page makes me smile every single time. Greetings :)